- Estimated daily cost
- This is your current estimated cost of long-term care. This is your current estimated cost of long-term care. According to the Genworth Financial 2020 Cost of Care Survey, the estimated median annual cost for a nursing home stay was $93,075 per year for a semi-private room. This is about $255 per day. The cost for a private room was $105,850 or $290 per day. Assisted living at home can cost more than $54,912 per year or $150 per day for a home healthcare aid. All of these long-term care costs can be considerably higher in larger metropolitan areas.
- Years of care
- The number of years you expect to require long term care. The average stay in a nursing home is about 2.5 years, but can vary considerably.
- Inflation rate
- Este es el pronóstico para la tasa de inflación media a largo plazo. Una medida común de la inflación en los EE. UU. es el Índice de Precios al Consumidor (IPC). Entre 1925 y 2021, el IPC ha mostrado un promedio a largo plazo del 2.9 % anual. En los últimos 40 años, el IPC más alto registrado fue del 13,5 % en 1980. Durante 2021, el último año completo disponible, el IPC fue del 6,8 % anual, según lo informado por la Oficina de Estadísticas Laborales de EE. UU. The tool will increase the cost of your long term care by this rate each year.
- Funds currently available
- The total amount that you have saved or invested that would be available to pay for long term care expenses.